China’s tech clampdown is not unexpected in the context of its pledge to tackle anticompetitive practices, as outlined in the five-year plan (2021-2025). US tech giants are being hit with…
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The promotion of the Chinese Central Bank Digital Currency is linked to Beijing’s resolve to extend the internationalisation of the RMB. Zhou Chengjun, director of the People’s Bank of China’s…
Pandemics tend to accelerate the pace of automation. This time is no different. If anything, the pace of automation could be even swifter, given the severity of Covid-19. Global orders…
The PBoC is working with the EU to implement a jointly recognised classification system for business environmental credentials by the end of 2021. The EU leads on ESG standards: regulatory…
The ballooning twin deficits in the US points to further upside for the RMB. Some European pension funds are increasingly looking to China in the search for yield. The EU-China…
Joe Biden may have a commanding lead in the polls, but the campaign has a long way to run. It is not over, and for stock markets, there is a…
The Athens Stock Exchange is the best performing stock market year-to-date (+45.7%). The FTSE ATHEX real estate index has risen 62.7% so far in 2019. Banks have performed even better,…
Investors have given a major vote of confidence to the Chinese market. Over 80% of global investors now plan to increase their allocation to Chinese investments either “significantly or moderately”…
Beijing is learning fast and is aware of the perils of stoking asset price bubbles to provide a short-term boost to the economy. Consumer debt hit a record 51.1% of…
China’s central bank has decided to promote “connectivity” of the ubiquitous quick response (QR) code payment service. A single barcode will, the PBoC hopes, also spur growth in a range…
